Baird analyst Brian Skorney lowered the firm’s price target on Biogen to $316 from $333 and keeps an Outperform rating on the shares. The firm said 4Q23 earnings were a bit disappointing, with a miss on the top and bottom lines and weaker-than-expected Leqembi, Skyclarys and Spinraza sales, the most important franchises for the company right now.
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